NewsBite

Australia’s home of property news, advice and insights

Auctions

Advertisement
Some home sellers are starting to shift away from auctions.

How nervous home owners are facing a slumping property market

Home vendors are trying to get the upper hand in a buyer’s market as they wait for a long-predicted interest rate cut to spark demand.

  • Elizabeth Redman

Latest

The large St Lukes apartment with a $NZ1 (90 Aussie cents) reserve.

‘Reckless’ buyer sought for 90c three-bedroom home

The owner wants out of this apartment, the agent says, and is willing to part with it for small change.

  • Emily Power
The Double Bay house owned by the Ireland family since 1978 sold for $35.5 million.

From $1.6 million to $130 million, the best renovator’s dreams of 2024

Despite soaring construction costs, the appeal of the fixer-upper did not lose its shine in 2024. Here are our favourites.

  • Kristy Johnson
A daughter purchased a $1.75 million villa in Epping at auction on Saturday for her retired mother.

Dad buys $2.9m home for daughter, sellers slash prices: Sydney’s best auctions of 2024

Another dad bought his kid a share house, a Bronte semi fetched $13 million and a Collaroy house increased nine-fold – but not everyone was so lucky.

  • Kristy Johnson
The Morawa home sold for $2000.

Local man buys $2000 house at auction, but there’s a catch

It’s set on 1012 square metres and yes, it comes with the land. But the new owner will definitely need to do a renovation.

  • Emily Power
8 Glenview Court, Underwood: a seven-bedroom mini mansion that smashed the suburb’s house price record when it sold for $2.4 million at auction in December 2024.

Mini-mansion sale smashes suburb record as buyers break budget

While the buyers had set a hard $1.8 million limit, the agent said the home ticked so many boxes they decided to offload a commercial property to get it.

  • Sarah Webb
Advertisement
6/204 Beach Street, Coogee NSW 2034

Eastern suburbs local splashes $3.32m on Coogee pad with knockout views

Six minutes of hot bidding by two locals delivered a windfall for its investor owner, an ex-rugby league first-grader.

  • Carmen Forward
Eight buyers registered to bid on the two-bedroom unit that had a guide and reserve of $1 million.

Buyer pays $1.16m for a second unit in Wollstonecraft block

The renovated two-bedroom home attracted plenty of interest as a total of eight parties registered to bid, including first home buyers. But they missed out.

  • Kristy Johnson
17 Lamette Street, Chatswood NSW 2067

Three generations pool resources for $4.5 million Chatswood home

A multigenerational family loved the size of the five-bedroom red brick house with swimming pool that is walking distance from the main drag.

  • Carmen Forward
A two-bedroom home in Rose Bay sold for $10,215,000 at auction on Saturday. It last sold for $430,000 in 1984.

Two-bedroom house in Rose Bay sells to local couple for $10,215,000

The home of Qantas’ former top frequent flyer, the late Mel Gottlieb, had a price guide of $8 million and drew eight registered bidders. It last sold for $430,000.

  • Kristy Johnson

Original URL: https://www.smh.com.au/topic/auctions-1nq1